6. Freight costs incurred by a seller on outgoing merchandise are debited to a. the Cost of Goods Sold account. b. the Sales Revenue account. C. an operating expense account. d. the Sales Returns and Allowances account.

6. Freight costs incurred by a seller on outgoing merchandise are debited to a. the Cost of Goods Sold account. b. the Sales Revenue account. C. an operating expense account. d. the Sales Returns and Allowances account.

Corporate Financial Accounting

15th Edition

ISBN:9781337398169

Author:Carl Warren, Jeff Jones

Publisher:Carl Warren, Jeff Jones

Chapter5: Accounting For Retailing Businesses

Section: Chapter Questions

Problem 5.9BPR

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